Absecon Bancorp Announces New Dividend for Shareholders

Author: Olivia Taylor Updated: 03-05-2025 02:00 PM

Absecon Bancorp's Cash Dividend Announcement

Absecon Bancorp is excited to announce that its Board of Directors has declared a quarterly cash dividend of $0.90 per share. This dividend will be payable to shareholders, ensuring that those who have invested in the company are rewarded for their trust. The payment is scheduled for March 28, making it an anticipated date for investors looking to benefit from this substantial return.

Background of Absecon Bancorp

The company, trading under the ticker ASCN, is proud of its heritage, having served its community since 1916. As the parent organization of the First National Bank of Absecon, it has established itself as a cornerstone of financial support in Atlantic County. The bank focuses on providing a wide range of deposit and loan services tailored to meet the needs of both retail customers and local businesses. This local engagement highlights their dedication to fostering positive economic growth within the community.

Community Commitment and Services

From its headquarters, the First National Bank of Absecon offers a variety of banking products designed to support small to mid-sized businesses as well as individual customers. The bank caters specifically to the Atlantic County area while also extending services into nearby counties such as Burlington and Cape May. Being a federally insured institution means that customers can have peace of mind knowing that their deposits are protected up to the legal limit by the Federal Deposit Insurance Corporation (FDIC).

Dividend Processing Information

For those interested in the specifics of the dividend distribution, Absecon Bancorp partners with Computershare Trust Company, N.A. to handle the processing. This collaboration ensures that all transactions are executed smoothly and efficiently, maintaining high levels of accuracy and customer satisfaction.

Contact Information for Absecon Bancorp

Should you have any questions or need more information regarding the company or its services, you're welcome to reach out directly. C. Eric Gaupp, the Vice Chairman, President, and Chief Executive Officer, is available for inquiries at 106 New Jersey Avenue, PO Box 324, Absecon, NJ 08201. You can contact him directly at the office phone number 609-641-6300 or via email at egaupp@FNBAbsecon.com.

Frequently Asked Questions

What is the dividend amount announced by Absecon Bancorp?

Absecon Bancorp has declared a cash dividend of $0.90 per share.

When will the dividend be paid?

The dividend will be payable on March 28 to shareholders of record as of March 14.

Where is Absecon Bancorp located?

Absecon Bancorp is located in Absecon, New Jersey, and serves the Atlantic County area primarily.

What services does the First National Bank of Absecon offer?

The bank provides a variety of deposit and loan products to support retail customers and small businesses.

Who can I contact for more information?

You can contact C. Eric Gaupp, the CEO, for inquiries regarding the bank or dividends.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

Contact Olivia Taylor privately here. Or send an email with ATTN: Olivia Taylor as the subject to contact@investorshangout.com.

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